ASEAN Briefing News

A Guide to Corporate Income Tax in Indonesia

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The corporate taxation (CIT) regime in Indonesia is governed by the Harmonized Tax Law and the CIT rate is 22 percent for the 2023 fiscal year.

Czech Prime Minister’s Visit Boosts Strategic Partnership with Indonesia: Key MoUs Signed

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Czech Prime Minister Petr Fiala’s visit to Indonesia focused on enhancing relations in key areas such as education, agriculture, and sustainable development.

Opportunities for Foreign Investors in the Philippines – Latest Issue of ASEAN Briefing Magazine

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Download our latest magazine covering opportunities for foreign investors in the Philippines.

ASEAN to Increase Local Currency Trade, Reducing Reliance on the US Dollar

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ASEAN members agreed to increase local currency transactions and promote better regional payment connectivity at the 42nd ASEAN Summit.

Changes to Customs Procedure for the Import of Digital Products to Indonesia

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Indonesia has made changes to the customs procedure for the import of digital products into the country.

A Guide to Indonesia’s Foreign Investment Trends and Key Infrastructure Projects: New Issue of Asia Investment Research Magazine

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This latest issue of AIR focuses on Indonesia’s foreign investment trends and key investment projects.

How GST Liability is Assessed on Low Value Goods Transactions in Singapore

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Goods and services tax is levied on low-value goods that are imported to Singapore. Businesses should identify whether their customers are GST-registered.

Merger Control Regime in Indonesia: Noteworthy Changes for Foreign Investors

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Indonesia’s new merger and acquisition rules mandate assets or sales in Indonesia for filings and reduce document checks to three business days.

ASEAN, Russia Commit to Strengthening Partnership

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ASEAN and Russia have committed to strengthening their diplomatic relationship at the 19th ASEAN-Russia Senior Officials Meeting.

Singapore and India Link Real Time Retail Payment Systems

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Singapore and India have launched a real time payment mechanism (UPI-PayNow) to ease cross-border payments between the two countries.

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